Level 2, 21 Lake Street,
Varsity Lakes, QLD 4227

Cushman and Wakefield are pleased to exclusively offer to the market FOR SALE Level 2, 21 Lake Street, Varsity Lakes.

Located in one of the best commercial buildings in Varsity Lakes, this 759sqm (GFA) 5 tenancy fully leased property returns approximately $160,000 NET per annum plus GST including 24 exclusive use basement parking spaces.

With Varsity Lakes being one of the best performing office markets with total office vacancy below 7%, there is substantial upside with rental growth potential and capital appreciation.

• 759sqm gross floor area (GFA) separated into 5 leased office tenancies
• Current NET return is approximately $160,000 plus GST per annum
• Strong professional tenants in place all with guarantees
• Includes 24 basement and secure parking spaces. The building also has abundant additional visitor parking plus more that can be licenced
• The retail amenity and vibe in this location is exceptional, very popular with all workers in the area
• Bond University is immediately adjacent to the precinct with excellent access, public transport links and main arterial roads


For further information, contact exclusive representative Ed Howard on 0449 955 244 or via the agents bar above.

‘Ed Howard has over 11 years of local experience in Gold Coast commercial market and specialises in office leasing and sales, negotiating some of the city’s largest agreements totaling over 32,000sqm of area leased’.

Cushman & Wakefield does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct. Any interested parties should make their own inquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising there from.

Disclaimer: This property is being sold by auction without a price and accordingly a price guide cannot be provided. This website may have filtered the property search into a price range which is only for functionality purposes.